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Katapult Holdings (Katapult Holdings) Sloan Ratio % : -18.12% (As of Dec. 2023)


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What is Katapult Holdings Sloan Ratio %?

Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.

Katapult Holdings's Sloan Ratio for the quarter that ended in Dec. 2023 was -18.12%.

As of Dec. 2023, Katapult Holdings has a Sloan Ratio of -18.12%, indicating there is a warning stage of accrual build up.


Katapult Holdings Sloan Ratio % Historical Data

The historical data trend for Katapult Holdings's Sloan Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Katapult Holdings Sloan Ratio % Chart

Katapult Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
- 17.93 12.32 -13.93 -18.12

Katapult Holdings Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -13.93 -13.92 -10.37 -5.26 -18.12

Competitive Comparison of Katapult Holdings's Sloan Ratio %

For the Software - Infrastructure subindustry, Katapult Holdings's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Katapult Holdings's Sloan Ratio % Distribution in the Software Industry

For the Software industry and Technology sector, Katapult Holdings's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Katapult Holdings's Sloan Ratio % falls into.



Katapult Holdings Sloan Ratio % Calculation

Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.

Katapult Holdings's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2023 )-Cash Flow from Operations (A: Dec. 2023 )
-Cash Flow from Investing (A: Dec. 2023 ))/Total Assets (A: Dec. 2023 )
=(-36.666--17.414
--0.974)/100.862
=-18.12%

Katapult Holdings's Sloan Ratio for the quarter that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2023 )
=(-36.666--17.414
--0.974)/100.862
=-18.12%

Katapult Holdings's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was -9.114 (Mar. 2023 ) + -6.41 (Jun. 2023 ) + -2.914 (Sep. 2023 ) + -18.228 (Dec. 2023 ) = $-36.7 Mil.
Katapult Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was -2.906 (Mar. 2023 ) + -5.645 (Jun. 2023 ) + 0.831 (Sep. 2023 ) + -9.694 (Dec. 2023 ) = $-17.4 Mil.
Katapult Holdings's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was -0.301 (Mar. 2023 ) + -0.218 (Jun. 2023 ) + -0.244 (Sep. 2023 ) + -0.211 (Dec. 2023 ) = $-1.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Katapult Holdings  (NAS:KPLT) Sloan Ratio % Explanation

A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.

According to How to Beat the Market with the Sloan Ratio:

If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.

If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.

If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.

As of Dec. 2023, Katapult Holdings has a Sloan Ratio of -18.12%, indicating there is a warning stage of accrual build up.


Katapult Holdings Sloan Ratio % Related Terms

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Katapult Holdings (Katapult Holdings) Business Description

Traded in Other Exchanges
N/A
Address
5204 Tennyson Parkway, Suite 500, Plano, TX, USA, 75024
Katapult Holdings Inc is a technology driven lease-to-own platform that integrates with omni-channel retailers and e-commerce platforms to power the purchase of everyday durable goods for underserved U.S. non-prime consumers. It is an eCommerce-focused FinTech company offering an innovative lease-purchase solution to consumers and enabling essential transactions at the merchant point of sale. Katapult is associated with hundreds of retailers across the United States.
Executives
Orlando Zayas director, officer: Chief Executive Officer 5204 TENNYSON PKWY, SUITE 500, PLANO TX 75024
Chandan Chopra officer: CHIEF TECHNOLOGY OFFICER 5204 TENNYSON PKWY, SUITE 500, PLANO TX 75024
Bruce Taragin director 5204 TENNYSON PKWY, SUITE 500, PLANO TX 75024
Nancy A Walsh officer: Chief Financial Officer LL FLOORING HOLDINGS, INC., 4901 BAKERS MILL LANE, RICHMOND VA 23230
Jane J. Thompson director 628 GREEN VALLEY ROAD, SUITE 500, GREENSBORO NC 27408
Brian Hirsch director C/O ACV AUCTIONS INC., 640 ELLICOTT STREET, #321, BUFFALO NY 14203
Lee Einbinder director, officer: CEO 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fangqui Sun officer: CHIEF RISK OFFICER 5204 TENNYSON PKWY, SUITE 500, PLANO TX 75024
Karissa Cupito officer: Chief Financial Officer 5204 TENNYSON PKWY, SUITE 500, PLANO TX 75024
Joyce Ann Phillips director 1370 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Curo Financial Technologies Corp. director, 10 percent owner 3615 N. RIDGE ROAD, WICHITA KS 67205
Donald Gayhardt director DOLLAR FINANCIAL CORP., 1436 LANCASTER AVE., BERWYN PA 19312
Christopher A Masto director C/O FREIDMAN FLEISCHER & LOWE, ONE MARITIME PLZ 10TH PLZ, SAN FRANCISCO CA 94111
Christopher Towers officer: CHIEF ACCOUNTING OFFICER 1981 MARCUS AVENUE, SUITE 130, LAKE SUCCESS NY 11042
Maloney Tahmineh officer: GENERAL COUNSEL 5204 TENNYSON PKWY, SUITE 500, PLANO TX 75024